Donation Address Owner

The Donation Address Owner (sometimes referred to as the "burning man") controls the BTC address where BTC trade fees and funds from time-locked payout transactions are sent.

Please see arbitration for more details on how this role works with other elements of Bisq's decentralized dispute resolution process.

Issue

https://github.com/bisq-network/roles/issues/80

Team

https://github.com/orgs/bisq-network/teams/donation-address-owners/

Duties

• Trade directly with Refund Agent to buy BSQ with the BTC that has collected in the donation address wallet / trade fee address wallet. The trade should take place at the BSQ/BTC rate they proposed in the Arbitrator's accepted github issue if is is within one cycle of their reimbursement proposal being accepted.
• Trade directly with partially reimbursed traders to buy BSQ with the BTC that has collected in the donation address wallet / trade fee address wallet. The trade should take place at the BSQ/BTC rate partially reimbursed traders propose in their accepted github issue if is is within one cycle of their reimbursement proposal being accepted.
• Approximately 4 times a month buy BSQ with BTC that has collected in the donation address wallet / trade fee address wallet.
  • Buy BSQ with the lowest priced offers first
  • Take offers to sell BSQ regardless of size (small or large)
  • Avoid taking any offer with a price 20% above the rolling weighted 30 day BSQ/BTC average
  • Announce at least 2 trading sessions per month in the role issue a few days in advance
• Occasionally make offers in Bisq to buy BSQ with BTC that has collected in the donation address wallet / trade fee address wallet.
• Burn the purchased BSQ and post trades taken, and proof of burn on the role issue
• At least once per cycle, when taking offers, Burning Man should use all BTC funds up to the point where sell BSQ offers are 20% above the weighted 30 day BSQ/BTC average.

Rights

• Ownership of the Bisq donation addresses for fees and delayed payouts. Deprecated address is 3A8Zc1XioE2HRzYfbb5P8iemCS72M6vRJV.

Compensation

The Donation Address Owner's role is compensated $1,000 USD in BSQ equivalent every Bisq cycle (approximately every month).

Bonding

A 50,000 BSQ bond is required.